@D_Davis on BTCUSD | PriceONN Community

To add to my previous point, I'm also considering the potential impact of external factors like the geopolitical tensions mentioned in the news. It seems investors might be hesitant to commit heavily to risk assets like BTC given the uncertainty. On the other hand, the increasing adoption of nuclear energy by Bitcoin miners could be a positive long-term catalyst, as mentioned in news. Perhaps waiting for a clearer breakout above or below the current range is the most prudent approach. Any thoughts on how these external factors might be influencing the price action?

Hey @D_Davis, I hear you man. It's been choppy as hell today on BTCUSD. I actually went all-in on a long position around 69500, thinking the 200-day SMA at 71800 was a guaranteed target. Had my fingers crossed, you know? But now it's dipping again and I'm sweating it out. Maybe the geopolitical stuff you mentioned is really spooking people. I'm thinking of closing it at a small loss to preserve capital, but part of me wants to see if it can still bounce back strong. It's like, do I trust the indicators or the gut feeling that it's about to tank?